1/9 Olive StreetNewstead TAS 7250
Property Details for 1/9 Olive St, Newstead
1/9 Olive St, Newstead is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1999. The property has a land size of 318m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (March 2021)
Offers over $469,000
1/9 Olive St Newstead Is a generously proportioned two-bedroom, one-bathroom unit with only one other unit on the allotment. The home offers the purchaser a great sense of privacy, complimenting a low maintenance lifestyle. This unit is positioned on one easily accessible level. Upon entry large windows surround the main living area overlooking the front garden where the atmosphere embodies being in a house rather than unit. Sliding door takes you to a quaint courtyard. The kitchen is very well appointed with lots of bench space.
Both bedrooms have built-in robes and are generous in size. Central bathroom with both shower and bath & separate WC. The home is heated by reverse cycle system. The unit benefits from internal access direct from the remote-control garage.
This unit is set in a highly sought after, peaceful and private enclave of Newstead, and is ideal for the downsizer, first home buyer or investor.
Property History for 1/9 Olive St, Newstead, TAS 7250
- 26 Feb 2021Sold for $487,000
- 04 Feb 2021Listed for Sale Offers Over $469,000
- 24 May 2002Sold for $135,000
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About Newstead 7250
The size of Newstead is approximately 3.9 square kilometres. It has 8 parks covering nearly 15.1% of total area. The population of Newstead in 2011 was 4,968 people. By 2016 the population was 5,366 showing a population growth of 8.0% in the area during that time. The predominant age group in Newstead is 10-19 years. Households in Newstead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newstead work in a professional occupation. In 2011, 66.2% of the homes in Newstead were owner-occupied compared with 64.4% in 2016.
Newstead has 2,733 properties. Over the last 5 years, Houses in Newstead have seen a 64.04% increase in median value, while Units have seen a 53.71% increase. As at 31 October 2024:
- The median value for Houses in Newstead is $715,353 while the median value for Units is $397,028.
- Houses have a median rent of $520 while Units have a median rent of $390.
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